According to the public record, 5, Wheeler Close, Reading is a modern freehold house with 753 ft2 of internal area and sits on a 203 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Wheeler Close, Burghfield Common, Reading, RG7 is located within the RG7 postal district.
5, Wheeler Close, Reading has 2 entries in the Land Registry database, most recently in June 2021 and a single entry in the EPC database dated July 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 5 Wheeler Close Reading as £382,293 and the rental value as £1,565 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of 5 Wheeler Close Reading has decreased by £5,074 (1.3%) and its rental value has increased by £71 per month (4.5%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 5, Wheeler Close, Reading is in very good condition we estimate a sale value of £401,408 and rental value of £1,643 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £355,533 and a rental value of £1,456 per month.
If you were able to purchase this property for the estimated value of £382,293, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,879 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 5, Wheeler Close, Reading sits on a plot of 203m2.
We have plot size data on 15 out of 21 other houses in the postcode and 5, Wheeler Close, Reading sits on the 14th largest plot.
According to HM Land Registry, 5, Wheeler Close, Reading was last sold on 10 Jun 2021 for £363,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jun 2021, the market for similar properties has risen 4.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Wheeler Close, Reading within a radius of 940 metres over the last 2 years.
The most recent example is 3, Blackbird Close, Reading, RG7 3PQ, a Freehold house which sold for £340,000 in Feb 2024.
Read more about house prices in RG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wheeler Close, Burghfield Common, Reading, RG7 has a total of 21 addresses. According to our analysis of all the public data, 5, Wheeler Close, Reading is the 19th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £142k less expensive than the average property in RG7.
5, Wheeler Close, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Jul 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 5, Wheeler Close, Reading is Mortimer station which is 3.4 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 5, Wheeler Close, Reading, 51.7% of property is privately owned with a mortgage and 31.1% is privately owned outright.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 5, Wheeler Close, Reading, 21.5% of residents are recorded as possessing school level qualifications and 41.5% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 5, Wheeler Close, Reading, the average age was 40.5 and the most common age was 47.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 5, Wheeler Close, Reading, 0.0% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 5, Wheeler Close, Reading, there are an average of 1.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.